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Oleary Corporation is issuing $600,000 of 8%, 5-year bonds when potential bond investors want a return of 10%. Interest is payable semiannually.The present value of 1 factors are 4%, .67556 and 5%, .61391. The present value of an annuity factors are 4%, 8.1109 and 5%, 7.72173.
Instructions Compute the market price (present value) of the bonds.
a local commuter bus service advertises that buses run every 15 minutes along a certain route. assume that the bus
1. which one of the following is not necessary in order for a corporation to pay a cash dividend?nbspnbspnbspnbsp a.
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The buyer gives High Value a promissory note due January 1, 2010. The maturity value of the note includes 8% interest. Include any adjusting and reversing entries
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